M&A Deal Summary

TricorBraun Acquires Vetroelite

On October 12, 2021, TricorBraun acquired packaging company Vetroelite from LBO France

Acquisition Highlights
  • This is TricorBraun’s 9th transaction in the Packaging sector.
  • This is TricorBraun’s 1st transaction in Italy.

M&A Deal Summary

Date 2021-10-12
Target Vetroelite
Sector Packaging
Buyer(s) TricorBraun
Sellers(s) LBO France
Deal Type Add-on Acquisition

Target

Vetroelite

Treviso, Italy
Vetroelite provides premium glass packaging solutions for the fast-growing spirits, gourmet food, home fragrances, wine, and cosmetics industries. It has a worldwide presence, operating from multiple locations across Europe and North America, and serving customers in 90 countries. Vetroelite was formed in 1994 and is based in Treviso, Italy.

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Buyer(S) 1

Buyer

TricorBraun

St. Louis, Missouri, United States

Category Company
Founded 1902
Sector Packaging
DESCRIPTION

TricorBraun is a distributor of rigid packaging solutions including containers, closures and related components. TricorBraun was founded in 1902 and is based in St. Louis, Missouri.


DEAL STATS #
Overall 14 of 31
Sector: Packaging M&A 9 of 17
Type: Add-on Acquisition M&A Deals 14 of 28
Country: Italy M&A 1 of 1
Year: 2021 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-13 Cormack Packaging

Condell Park, Australia

Cormack Packaging is a packaging supplier for food and beverage, pharmaceutical, personal care, industrial and household cleaning industries. Cormack Packaging is based in Condell Park, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-06 Zuckerman Honickman

King of Prussia, Pennsylvania, United States

Zuckerman Honickman provides packaging solutions. Zuckerman offers clients packaging products for beverages of all kinds. Zuckerman Honickman is based in King of Prussia, Pennsylvania.

Buy -

Seller(S) 1

SELLER

LBO France

Paris, France

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1985
PE ASSETS 5.4B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

LBO France is an independent private equity group focused on acquiring majority stakes in French firms, or companies with French management. LBO France manages several funds, each targeting different types of businesses. The Firm's mid-market fund looks to acquire majority or minority stakes in companies valued from €100 million to €2.5 billion. The mid-market fund generally looks at companies with predictable sales, profits and cash flow, but will also consider businesses with under-utilized assets. LBO France's small cap fund targets majority stakes in smaller, profitable businesses valued from €10 to €100 million, with strong potential for growth or consolidation. In addition to its equity funds, LBO France also invests in real estate and provides LBO loans issued by medium-sized European companies (enterprise value between €150m and €2bn). LBO France was formed in 1985 and is based in Paris.


DEAL STATS #
Overall 50 of 56
Sector: Packaging M&A 2 of 2
Type: Add-on Acquisition M&A Deals 14 of 16
Country: Italy M&A 1 of 1
Year: 2021 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-28 Fittingbox

Labège, France

Fittingbox is an Interactive software solution for eyewear professionals. The company is producing over 4,000 digitized frames per month. The product offer of Fittingbox is a real ecosystem composed of 4 pillars Virtual try-on, Digital frames, Optical toolbox, and Open Innovation Program. Fittingbox was founded in 2006 and is based in Labège, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-08 Groupe RG

Saint-Priest, France

Groupe RG is a specialized distributor of Personal Protective Equipment (PPE). The group distributes a wide range of products (35,000 references) covering 6 main protection fields: Head, Hand, Foot, Body, Breathing, and Hygiene & Safety in the working environment. Groupe RG was formed in 1987 and is based in Saint-Priest, France.

Sell -